BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.52 per $10,000 · paid last 24h −0.001%

Price spread now: KuCoin against Aster−0.071%7-day average −0.101% · you buy dearer than you sell

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$320.320% of the position

Long on Aster Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.046%+$5 on $10k

Price spread, last 7 days−0.015%−$2 · spread now −0.071%, 7d avg −0.101%

Together, before fees+0.031%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.030% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.101%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BNBUSDT	790.15	0.0048	pay 0.0048% / 8h	5h 06m	$6.2M	$18.7M	200x
Short	KuCoin BNBUSDTM	789.59	0.0100	get 0.0100% / 8h	5h 06m	$27.6M	$10.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee KuCoinbpOrdersPrice spread, now −0.071%Rate

Funding earned: $10.96
Price spread: −0.071% → −0.101%: $3.04
Slippage, 4 orders: −$11.99
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$17.99
Costs to cover: 0.320%
Break-even: 18.5 days

Slippage from Aster: live order book, 3 min ago; KuCoin: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 3 min ago	0.76 bp	4.8 bp −$5	5.6 bp −$56	19.0 bp −$1,900	doesn't fit
Sell KuCoin live order book, 3 min ago	0.76 bp	11.1 bp −$11	19.6 bp −$196	51.0 bp −$5,101	doesn't fit

BNB on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX BNB/USD [WBTC.b-USDC]	L −0.0167% / S +0.0335%	1h	789.68	−0.059%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	790.22	+0.009%	$4K	$239	25x	as long as short
StandX BNB-USD	0.0000%	1h	791.23	+0.137%	$855K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	789.67	−0.060%	$9.6M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.891%	$19K	$789K	30x	as long as short
Aster BNBUSDTlong	+0.0048%	8h	790.15	long leg	$6.2M	$18.7M	200x
Coinbase International BNB-PERP-INTX	+0.0048%	1h	792.68	+0.320%	$592K	$1.9M	50x	as long as short
Phemex BNBUSDT	+0.0059%	8h	790.42	+0.034%	$69.2M	$50.3M	50x	as long as short
BingX BNB-USDC	+0.0060%	8h	790.35	+0.026%	—	$13.4M	—	as long as short
Binance BNBUSDT	+0.0071%	8h	790.39	+0.031%	$493.6M	$791.7M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BNB_USDT	+0.0071%	8h	790.80	+0.082%	$80.3M	$12.5M	200x	as long as short
Kraken Futures PF_BNBUSD	+0.0091%	1h	789.97	−0.023%	$2.5M	$1.2M	50x	as long as short
Lighter BNB	+0.0096%	1h	789.93	−0.028%	$2.7M	$3.9M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	789.82	−0.042%	$266K	$498K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	789.55	−0.076%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	790.41	+0.033%	$51.9M	$17.5M	10x	as long as short
Pacifica BNB	+0.0100%	1h	790.16	+0.001%	$1.2M	$914K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	789.50	−0.082%	$138.9M	$76.8M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	789.40	−0.095%	$53.4M	$111.9M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	790.20	+0.007%	$52K	$130K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	789.65	−0.063%	$35.4M	$57.5M	75x	as long as short
KuCoin BNBUSDTMshort	+0.0100%	8h	789.59	−0.071%	$27.6M	$10.4M	75x
Bitget BNBUSDT	+0.0100%	8h	789.41	−0.093%	$76.6M	$30.3M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	790.39	+0.031%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	789.30	−0.108%	$4.1M	$4.6M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	791.80	+0.210%	$4.1M	$74.6M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	791.37	+0.155%	$159K	$441K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	789.58	−0.072%	$133K	$949K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	789.91	−0.031%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	790.41	+0.033%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	789.90	−0.031%	$388K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	789.81	−0.043%	$8.1M	$9.2M	75x	as long as short
Paradex BNB-USD-PERP	+0.0102%	8h	790.55	+0.051%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	789.24	−0.114%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	789.72	−0.055%	$379K	$110K	10x	as long as short
Phoenix BNB	+0.0107%	1h	791.64	+0.189%	$170K	$35K	10x	as long as short
GRVT BNB_USDT_Perp	+0.0141%	8h	791.87	+0.218%	$2.9M	$27.9M	10x	as long as short
dYdX BNB-USD	+0.0185%	1h	790.35	+0.026%	$160K	$63K	10x	as long as short
Kalshi KXBNBPERP	+0.0185%	8h	790.70	+0.070%	$104K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0191%	8h	791.02	+0.110%	$18.2M	$2.2M	75x	as long as short
01 Exchange BNBUSD	+0.0280%	1h	790.24	+0.012%	$28K	$4K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	790.21	+0.008%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0327%	1h	789.29	−0.108%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0361%	1h	790.09	−0.007%	$1.1M	$979K	20x	as long as short
Bulk BNB-USD	+0.0366%	1h	792.18	+0.258%	$641K	$9K	10x	as long as short
Hibachi BNB/USDT-P	+0.0576%	1h	790.63	+0.061%	$68K	$38K	12x	as long as short